On a triennial basis, the Board seeks nominations of individuals to serve three-year terms on the IAG. Members are selected by the Board based on the nominations received, including self-nominations, from any person or organization. Appointments are typically announced in September, and the terms will commence on October 1 of the calendar year in which the Member is appointed.
Membership in the advisory group is personal to the member, and the duties and responsibilities of the member cannot be delegated to others. Members are subject to certain sections of the Boards Ethics Code, as provided in PCAOB Rule 3700, Advisory Groups.

Board Members Daniel L. Goelzer and Lewis H. Ferguson, as well as IAG Chairman and Board Member Steven B. Harris, and PCAOB Chairman James R. Doty listen to a working group presentation at the March 16, 2011 Investor Advisory Group Meeting.

SEC Commissioner Elisse B. Walters, PCAOB Board Member and IAG Chair Steven A. Harris, Acting PCAOB Chairman Daniel L. Goelzer, and Board Member Charles Niemeier listen to IAG members at the inaugural Investor Advisory Group meeting May 4, 2010.